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CA AB1374
Bill
Status
Failed
2/1/2024
Primary Sponsor
David Alvarez
Click for details
AI Summary
- Increases the minimum allocation of Greenhouse Gas Reduction Fund moneys for projects in disadvantaged communities from 25% to 50% of available funds
- Increases the minimum allocation for projects benefiting low-income households or located in low-income communities statewide from 5% to 15% of available funds
- Maintains existing 5% minimum allocation for projects benefiting low-income households or communities within one-half mile of disadvantaged communities
- Specifies that allocations meeting one requirement do not count toward fulfilling minimum requirements of other subdivisions
- Defines low-income households as those earning at or below 80% of statewide median income and low-income communities as census tracts meeting the same income threshold
Legislative Description
Greenhouse Gas Reduction Fund: investment plan.
Last Action
From committee: Filed with the Chief Clerk pursuant to Joint Rule 56.
2/1/2024
Committee Referrals
Natural Resources3/2/2023
Full Bill Text
No bill text available